Bitget ist zu einer der weltweit größten Copy-Trading- und Derivate-Börsen im Kryptobereich geworden. Welche Features bieten die Kryptobörse noch und welche Coins können dort gehandelt werden?
„Cryptoqueen“ Ruja Ignatowa nun auf FBI-Liste der meistgesuchten Verbrecher
Ignatowa wurde zuletzt im Jahr 2017 in Athen gesehen und es wurde eine Belohnung in Höhe von 100.000 US-Dollar für Informationen, die zu ihrer Ergreifung führen, ausgesetzt.
Basler Ausschuss schlägt Obergrenze vor: Banken sollen nur 1 Prozent in digitale Vermögenswerte investieren
Für volatile Kryptowährungen wie etwa Bitcoin würde auch ein Risikoaufschlag in Höhe von 1.250 Prozent anfallen.
MicroStrategy is buying the dip – Should you follow their lead?
With smart money digging in, Bitcoin and Ethereum come across as worthy buys in the crypto dip.
Key points:
-
Smart money is buying crypto and could be a leading indicator that the market could rebound.
-
Following the lead of institutional money, Bitcoin and Ethereum could be worthy buys today.
MicroStrategy is buying the current Bitcoin drop, an indicator that they have positive expectations of the market long-term. This indicates that those with in-depth knowledge of crypto, and the financial markets in general, expect the cryptocurrency market to do well in the future.
With this confidence boost, what are some of the best cryptocurrencies to buy the dip in anticipation of the next bull run?
Bitcoin (BTC)
In the financial markets, one of the best ways to make money is to follow the moves of the big money players. As such, now that companies that hold billions of dollars worth of BTC are buying, it makes sense to follow their moves.
Bitcoin BTC/USD is currently trading at $19k, which means it is now 71% off its most recent all-time highs. If Bitcoin’s history is anything to go by, then the odds are that it could be close to the bottom.
In essence, getting in now and holding long-term could be a high-reward play if Bitcoin retests its all-time highs. Most analysts speculate that Bitcoin could test $100k in the next bull run.
Over and above the speculation, there are concrete reasons to believe that Bitcoin could push through $100k. For instance, Bitcoin adoption as an investment and for payments is rising.
On top of that, Bitcoin has a capped supply of only 21 million. A considerable amount of Bitcoins is already lost for good, and the Bitcoin halving has ensured that the number of coins entering circulation is slowed down over time.
This low supply and growing adoption make Bitcoin one of the best cryptocurrencies to buy in the dip and hold long-term.
Ethereum (ETH)
Like Bitcoin, Ethereum ETH/USD is trading at record lows from its most recent highs. From highs of $4800 back in November 2021, Ethereum is barely holding above $1000. Despite this price drop, Ethereum fundamentals are getting better. For instance, Ethereum is currently in the process of a shift to Proof-of-Stake. This will allow most transactions to be completed on layer-2 networks and take the load off the main chain.
The impact will be lower gas fees, faster transaction speeds, and better adoption odds for Ethereum. On top of that, the Ethereum network is now deflationary and will have an accelerated token burn once it starts running as Ethereum 2.0. This will mean demand chasing a declining number of tokens over the years.
It is not hard to see why Ethereum has growth potential and is one of the best cryptocurrencies to buy in the current cryptocurrency dip.
The post MicroStrategy is buying the dip – Should you follow their lead? appeared first on CoinJournal.
The safest cryptocurrencies to buy in the bear market
These three make for value buys now that they are trading at record lows
Key points:
- While the market is heavily bearish, BNB, ATOM, and BAT have strong odds for long-term growth.
- These three are not only trading at record lows, but they also have fast-growing adoption.
- This could influence their value appreciation long term.
The cryptocurrency bear market continues to bite hard, and Bitcoin is now back to $20,000. As long as the bear market persists, altcoins will likely drop further. There is also the risk that some altcoins may never recover. In previous cryptocurrency bear markets, many altcoins went down but never made a comeback.
However, based on core fundamentals and adoption levels, certain altcoins have not only a strong chance of surviving but also a strong rebound. Here’s why…
Binance Coin (BNB)
Binance Coin BNB/USD is one of the most adopted cryptocurrencies in the market. It started as a utility token for paying fees on the Binance exchange, but its use case has since expanded with the growing Binance network, Today, investors can stake Binance Coin, trade it, and use it to pay fees in the Binance Smart Chain, and a host of other Binance products.
This use case increases the odds of Binance Coin surviving the current bear run and also making new highs once bulls regain control. Such a move could be reinforced by the fact that Binance Coin is a deflationary cryptocurrency and records a drop in total supply every quarter.
Basic Attention Token (BAT)
Like Binance Coin, there is a real utility for Basic Attention Token BAT/USD. The BAT token powers adverts and is used for rewarding users of the Brave Browser. In the last few years, the Brave Browser has become one of the essential browsers in the market.
Due to this browser’s heavy focus on privacy, it has a high degree of growth potential. This makes BAT one of the safer cryptocurrencies that you can bet on Today.
Cosmos (ATOM)
Cosmos ATOM/USD is another cryptocurrency you can bet will be around for many years. That’s because of the idea behind it and the fact that adoption is gaining momentum.
Cosmos is a blockchain that aims to interconnect other blockchains in what would be considered an internet of Dapps. This is a big deal as the whole point of decentralized applications is to build an entirely new internet, one that gives more power to the user.
Besides its growing adoption, COSMOS is built on rock-solid technology. The tech behind COSMOS is so powerful that it has been co-opted into many other cryptocurrencies. In essence, the odds of growth are pretty high as more networks continue to launch and interconnect through the COSMOS blockchain.
The post The safest cryptocurrencies to buy in the bear market appeared first on CoinJournal.